Sentinel Chain

The world’s first global marketplace for financial inclusion services

Short general description]: The Sentinel Chain is the world’s first global B2B marketplace platform for financial inclusion services accepting the use of livestock as collateral. 

 

The ultimate objective of the Sentinel Chain is to unlock the economic potential of the unbanked by bringing together an international community of financial providers looking to participate in facilitating financial inclusion in an open, secure and transparent marketplace. It is specifically designed to provide affordable and secure financial services to those who need it most – the 2 billion unbanked.

 

[Main problems tackled]: Facilitating livestock insurance. Loans using livestock as collateral. Collateral by third party local financial providers. Facilitating third party crowdfunding projects. Facilitating community projects. E-payments. Increased adoption and utilisation. 

 

[Main contribution proposal]: Enhancing the economic potential of the smallholder farmers in which the main problem hindering the recognition of livestock as a financial asset is the very characteristic of livestock. 

 

To create a cross-border financial infrastructure connecting the previously isolated unbanked to a global network of financial providers

 

Unlocking the economic potential of the unbanked by establishing livestock provenance through the creation of livestock insurance on blockchain.

 

[Innovation]:        

1) Livestock Identification Tag - the RFID-enabled livestock identity tag (Livestock ID Tag) is tamper-proof and theft-proof on both a material design as well as a data level.

2) CrossPay Mobile Application - a mobile financial delivery mechanism for use with the CrossPay Blockchain. 

3) CrossPay Blockchain - a B2C financial ecosystem specifically designed for the unbanked

4) Sentinel Chain - world’s first global B2B marketplace platform for financial inclusion services based on the use of livestock as collaterals.

5) Sentinel Chain Token - token that allows global financial service providers and cryptocurrency holders to participate in the Sentinel Chain marketplace. 

ICO Rating Analysis
Team Evaluation
4.00 / 5.00
Product
3.67 / 5.00
Token Economics
4.00 / 5.00
Business Evaluation
4.00 / 5.00
Hype and media presence
4.00 / 5.00

Analysis

Team - Founders:
Are the founders known? Do they have relevant experience and connections?
4
  • 1. Unknown people. No serious background information available.
  • 2. Partial information available, no relevant experience.
  • 3. Background information available, no relevant experience.
  • 4. Solid, relevant background and connections available.
  • 5. Solid, well known, experienced and well connected founders.
Team - Advisors:
What level of commitment, experience and connections do the advisers bring?
4
  • 1. No reputable advisors with relevant experience.
  • 2. Few advisors with little to no relevant experience.
  • 3. Advisers with relevant experience.
  • 4. Reputable advisors with relevant experience and connections.
  • 5. High profile highly experienced, well connected and committed advisors.
Product - Technology Layer:
Is the product innovative? Does it contribute to the blockchain ecosystem?
4
  • 1. No, the product is just a clone with no contribution.
  • 2. The product is a dapp with minimal interest and little contribution to the ecosystem.
  • 3. The product is a dapp, exchange or protocol addressing a real problem or need.
  • 4. Innovative product offering a solution to a high interest problem.
  • 5. Innovative protocol tackling critical problems of highest interest.
Product - Proof of concept:
Is the proof of concept comprehensive? Does it address a real problem or need?
4
  • 1. No, incoherent concept or no need for it.
  • 2. Difficult concept to understand, hardly any need or problem to solve.
  • 3. Clear concept which addresses a real problem.
  • 4. Clear, well thought concept which addresses a real problem of high interest.
  • 5. Exceptional proof of concept addressing a critical problem.
Product - MVP:
Has the concept been tested? Is there an MVP? How far is the launch?
3
  • 1. Untested concept.
  • 2. Initial tests, no MVP.
  • 3. MVP ready, Alpha launch.
  • 4. MVP ready, Beta launch.
  • 5. Fully working initial product.
Token Economics - Token utility:
Does the token have any utility? Is it a core function to the network?
4
  • 1. No, the token has no utility.
  • 2. Token has a limited, unclear utility.
  • 3. The token has some added, but not inherent value.
  • 4. The token is embedded in the network and has inherent value.
  • 5. The token has both inherent and added value and is embedded at the core of the network.
Token Economics - Network effect:
Are strong network effects built into the system? Are incentives aligned to encourage the growth of the network?
4
  • 1. No network effects built in.
  • 2. Minimal network effects, unclear incentives.
  • 3. Network effects and incentives present.
  • 4. Solid network effects with clear incentives due to inherent utility.
  • 5. Strong network effects, aligned incentives and high utility value.
Business Evaluation - Valuation:
Is the valuation reasonable ? Sufficient but not too high for the scope of the project?
4
  • 1. No, the valuation is ludicrous, the project could do with 1/10 of the sum.
  • 2. Valuation is higher than the project would need. Likely a money grab.
  • 3. Valuation is reasonable for the scope of the project.
  • 4. Valuation is modest for the caliber of the project.
  • 5. Valuation is impressively modest relative to the high caliber of the project.
Business Evaluation - Market potential:
What is the market potential? Does the project look like it could penetrate the market and conquer the world?
4
  • 1. No clear market potential.
  • 2. Limited market potential.
  • 3. Reasonable market and growth potential.
  • 4. Solid market and growth potential.
  • 5. Exceptional market and growth potential.
Business Evaluation - Competition:
Does the project have competition? How strong does it look relative to its competition?
4
  • 1. Awful position competing with many strong players.
  • 2. Weak position facing strong competition.
  • 3. Reasonable position facing strong competition.
  • 4. Solid position facing weak competition.
  • 5. Exceptional position, facing almost no competition.
Business Evaluation - Supply sold:
Does the team distribute a reasonable amount of the tokens so as to encourage create strong incentives and network effects?
4
  • 1. Negligible supply, greedy team.
  • 2. Small supply, poor incentives.
  • 3. Modest supply, weak incentives.
  • 4. Reasonable supply, responsible team.
  • 5. Large supply, solid inventive, committed team.
Business Evaluation - Vesting:
Does the team have a sufficient stake to have aligned incentives? Do they have a vesting schedule implemented?
4
  • 1. Large stake, no vesting.
  • 2. Small stakes, no vesting.
  • 3. Modest stakes, no vesting.
  • 4. Reasonable stakes, modest vesting.
  • 5. Solid stake, healthy vesting.
Hype and media presence:
Is the project present on social media and chats? Is there interest for it?
4
  • 1. No presence, negative image.
  • 2. Modest exposure and no interest.
  • 3. Reasonable exposure and modest interest.
  • 4. Solid exposure and high interest.
  • 5. Exceptional exposure, high interest and considerable hype.
Final Score
3.92

Team

Member
Roy Lai
CEO/CTO/Founder
Chia Hock Lai
Foundation Member
Anson Zeall
Foundation Member
Zann Kwan
Foundation Member
Anne Riana
Head, PR and Marketing
Wong Zi Yang
Head, Community Management
Murli Manohar Jehan Mohan
Project Director
David Nguyen
Vietnam Country Manager
Jamunadevi Dhayanidhi
Project Manager
Maximiliano Cañellas
Blockchain Development Lead
Trung Dinh
Mobile Developer Lead
Jackie Tan
Head, Business Development
Edwan Chiam
Business Analyst
Guo Feng
Core Development

Advisors

Prof. David Lee Kuo Chuen
Senior Advisor
Bo Shen
Senior Advisor
Roland Schwinn
Senior Advisor
Diego Gutiérrez Zaldívar
Blockchain Advisor
Zeya Thura Mon
Myanmar Advisor
Dr. John Vong
Financial Inclusion Advisor
Juanita Woodward
Financial Inclusion Advisor
Bernardo Corti
Legal Advisor (South America)
Ian James Myles
Innovation Advisor

Updates

Title
Published at
The Sentinel Chain website is now live
9 months ago
Sentinel Chain and VeChain Foundation announce Blockchain Partnership to drive Financial Inclusion
9 months ago
A Token Distribution to Empower the Unbanked Economy
9 months ago
SENTINEL CHAIN.
9 months ago
Sentinel Chain empowers rural farmers in Bangladesh through partnership with CloudWell and Green Delta Insurance
9 months ago
Announcing Proof-of-Support: A Token Distribution to Empower the Unbanked Economy
9 months ago
Letter to the Sentinel Chain community. CEO Roy Lai on the KYC Registration Incident
9 months ago
Sentinel Chain welcomes its first Ambassador Catalin Ivan
9 months ago
FAQs for Sentinel Chain Registration KYC
9 months ago
InfoCorp announces Strategic Cooperation with Crowdo — the First Financial Service Provider to join Sentinel Chain in providing P2P loan services
9 months ago
Proof-of-Support Guidelines for Sentinel Chain
9 months ago
Sentinel Chain’s CEO 1st Live AMA with OhHeyMatty - Part 1
9 months ago
Sentinel Chain’s CEO 1st Live AMA with OhHeyMatty - Part 2
9 months ago
Media Release: InfoCorp Technologies and Maybank Singapore signed MOU to collaborate on Financial Inclusion Projects
8 months ago
Sentinel Chain (SENC) Public Token Sale Begins on 3rd March 2018
8 months ago
Update on SENC Token Sale
8 months ago
Sentinel Chain Token (SENC) Pricing Model
8 months ago
SENC Token Smart Contracts and Bug Bounty Program
8 months ago
Guide for participating in the SENC Token Sale
8 months ago